Ukrainian Market News

June 2007

EBRD pledges to lend almost USD 1 billion annually to Ukraine
The development of Ukraine's economy is creating the conditions to increase lending from the European Bank for Reconstruction and Development to almost $1 billion, according to Terence Brown, an EBRD board director, who is leading an EBRD delegation visiting Ukraine this week. "We've got very good impressions [about Ukraine] - these are impressions that the economy is moving ahead... Our idea is to provide UAH 5 billion in total annual lending in Ukraine," he told reporters on Thursday evening. The EBRD is Ukraine's largest financial investor, and by January 2007, it had investment liabilities worth EUR 2.87 billion under more than 130 projects in Ukraine.
23.06.2007 Source: Interfax

Russia and Ukraine sign steel deal
The Russian Economic Development and Trade Ministry and the Ukrainian Economics Ministry signed an agreement on trade in Ukrainian flat cold-rolled steel products in Moscow on Thursday, June 21. The three-year agreement enters into effect on July 1, 2007. The Russian ministry launched a probe into the imports in July last year in order to establish whether flat cold-rolled products originating in Ukraine are being dumped and are inflicting or are threatening to inflict material damage on a sector of the Russian economy on the basis of complaints by Russian steel producers Magnitogorsk Iron & Steel Works (MMK), Novolipetsk Steel and Severstal. The three Russian mills produce all of Russia's flat cold-rolled steel products. The ministry has said the figures quoted by the complaints suggested that Ukraine was dumping flat cold-rolled products on the Russian market. The dumping margin for this form of Ukrainian steel sold in Russia last year was 26.9% and Russian imports of it soared 149.1% between 2003 and 2005. Ukrainian steel accounted for 90.2% of all imported flat cold-rolled products in 2005. In accordance with the new agreement, Ukrainian steel mills would make a voluntary commitment to limit flat c/r steel shipments to 200,000 tonnes during the first year. That limit could be relaxed by 2.5% in each of the second and third years.
22.06.2007 Source: Interfax

Ukraine iron ore imports jump 47% in January-May
Ukrainian steelmakers increased imports of iron ore commodities by 47% year-on-year to 1.116 million tonnes in the first five months of 2007. Imports sinter doubled to 474,200 tonnes and imports of pellets shot up to 124,100 tonnes from 4,000 tonnes in the same period of 2006, while imports of iron ore concentrate dipped 1% to 518,000 tonnes. Ukraine imported 183,100 tonnes of iron ore commodities in May alone, including 98,000 tonnes of concentrate, 60,100 tonnes of sinter and 25,000 tonnes of pellets. The Ukrrudprom official criticized the increase in iron ore imports. Domestic mining companies increased production of iron ore commodities, but have been forced to increase inventories due to a drop in domestic demand.
20.06.2007 Source: Ukrrudprom

EU expands quotas for metal exports from Ukraine by 31.4%
The European Union has expanded quotas for the supply of Ukrainian-produced metalware to the EU countries by 31.4% in 2007 from 1.005 million tonnes to 1.32 million tonnes. A corresponding agreement on trade in certain types of steel was signed by Ukrainian Economy Minister Anatoliy Kinakh, European Commissioner for External Relations and European Neighborhood Policy Benita Ferrero-Waldner and German Foreign Minister Frank-Walter Steinmeier.
16.06.2007 Source: Interfax

Ukraine's GDP up 7.9% in January-May
Ukraine's real GDP growth in January-May was 7.9% year-on-year. Ukraine's real GDP growth from January to April was the same 7.9%.
15.06.2007 Source: State Statistics Committee of Ukraine

Ukraine might re-impose antidumping duty on Russian steel rope
Ukraine in August might again decide to impose antidumping duties on imports of steel rope from Russia, First Deputy Industry Minister Dmytro Kolesnikov said on Wednesday. He said Ukraine now imports steel rope from Russia and China, but he did not say there were plans to impose curbs against imports from China. Ukraine last year imposed temporary duties on steel rope imports from Russia that were later lifted.
15.06.2007 Source: Interfax

Ukraine reduces iron ore exports 4% in 5 months
Ukraine reduced iron ore exports tentatively 4% year-on-year in January-May to 7.67 million tonnes. Iron ore concentrate exports fell 4.9% to 1.44 million tonnes, pellet exports grew 1.9% to 3.37 million tonnes, and sintering ore exports grew 1.9% to 3.57 million tonnes. Ukraine exported 1.575 million tonnes of iron ore in May, including 309,000 tonnes of concentrate, 557,000 tonnes of sintering ore and 709,000 tonnes of pellets.
15.06.2007 Source: Ukrrudprom, The Association of Ukrainian Mining Enterprises

Ukraine's Ministry of Economy forecasts GDP growth at 7.5% in H1
The Ukrainian economy grew an estimated 7.6%-7.8% in January-May 2007 and is expected to grow 7.5% in the first half of 2007. Industrial output is expected to grow 7%-8% in May 2007 and around 8% in June.
Product exports are expected to grow 24%-25% in the first half amid a 22%-23% growth in imports. The trade deficit for goods and services is expected to be around USD 1 billion.
08.06.2007 Source: Ministry of Economy of Ukraine

Ukraine increases pipe production 20% in 5 months
Ukraine increased production of ferrous metal pipes by 20.2% year-on-year to 1.176 million tonnes in the first five months of 2007, including 249,800 tonnes in May, tentative figures show. A spokesman for one of Ukraine's biggest pipe merchants, Trubokomplekt, said pipe plants have been increasing prices for their products constantly since the beginning of the year due to the higher cost of skelp and pipe billets. "The upward trend in pipe prices continues," he said, voicing concerns about the continued increase in prices for metal products in general and pipes in particular, as the Ukrainian market is not ready for such price levels.
08.06.2007 Source: Ukrainian Tube Association Ukrtruboprom

Ukraine boosts steel roll output 8% in 5 mths
Ukraine's steel industry increased finished roll output 8% year-on-year in January-May to 15 million tonnes. Ukraine produced 17.86 million tonnes of crude steel, up 12%, and 14.81 million tonnes of pig iron, up 12% year-on-year.
Steel pipe production rose 20% to 1.18 million tonnes.
Iron ore concentrate production grew 11% to 24.91 million tonnes, pellet production - 19% to 9.29 million tonnes and sinter - 6% to 20.84 million tonnes.
Metalware output rose 11% to 188,000 tonnes.
Scrap metal deliveries to Ukrainian steel mills rose 18% year-on-year to 2.91 million tonnes.
05.06.2007 Source: Ministry of Industrial Policy

Ukrainian coke production grows 8% in 5 mths
Ukraine increased production of 6%-moisture metallurgical coke by 8.1% year-on-year to 8.292 million tonnes in the first five months of 2007, including 1.712 million tonnes in May, according to preliminary figures. Coke production is growing on the back of stronger demand, the head of industry association Ukrkoks, Anatoly Starovoit told Interfax. Plants have sufficient raw material thanks to mining of coking coal in Ukraine, as well as imports from Russia. Ukraine increased production of 6%-moisture metallurgical coke by 0.3% to 18.914 million tonnes in 2006.
05.06.2007 Source: Ukrkoks

Ukraine uses 70% of EU rolled steel quota over 5 months
Ukrainian steel mills in January through May obtained licenses to ship 695,485 tonnes of rolled steel, or 69.24% of the country's 2007 quota of nearly 1.005 million tonnes of rolled steel for the European Union.
05.06.2007 Source: Ukrainian Ministry of Economy

Ukraine uses 16% of annual quota for steel plate supplies to US over 5 months
Ukrainian metallurgical companies received licenses for the supply of 23,146 tonnes of cut-to-length carbon steel plate to the United States in January through May 2007, which was 16% of this year's annual quota of 142,111 tonnes.
05.06.2007 Source: Ukrainian Ministry of Economy

New export duties on scrap ferrous metal to come into force on Ukraine's joining WTO
The Verkhovna Rada, Ukraine's parliament, has changed the date that new export duty rates on ferrous scrap metal come into force. The bill on introducing changes to the law on export duty for ferrous scrap metal, necessary for Ukraine's joining the WTO, was backed by 325 out of 430 lawmakers registered in the session hall on Thursday. According to the bill, the law on export duty for ferrous scrap metal will come into force in the year Ukraine joins the WTO. Earlier, the law was set to come into force one year after Ukraine joins the WTO.
02.06.2007 Source: Interfax

Ukrainian demand for flat products grows 14 - 36% in 4 mths
Consumption of cold-rolled flat steel products in Ukraine rose 14% year-on-year in the first four months of 2007, to 157,400 tonnes, while consumption of hot-rolled flat products jumped 36% to 1.03 million tonnes, including 27% to 471,600 tonnes of strip, Ukrainian Association of Metal Traders president Andrei Fedoseyev said, citing preliminary figures. Imports of cold-rolled flat products rose 23% to 28,800 tonnes, while imports of hot-rolled flat products tripled to 160,000 tonnes, with strip imports jumping 280% to 57,300 tonnes. Ukrainian Association of Metal Traders is one of the organizer of the Metal-Forum of Ukraine.
02.06.2007 Source: Interfax

Ukrainian demand for long steel products up 12 - 64% in 4 mths
Ukraine increased consumption of long steel products by 12-64% year-on-year in the first four months of 2007, depending on the type of product, Ukrainian Association of Metal Traders President Andriy Fedoseev said, citing preliminary figures show. Demand in the four months was up 47% to 83,600 tonnes for channels, 12% to 95,000 tonnes for angles and 64% to 40,800 tonnes for flange beams. Meanwhile, imports of channels, angles and flange beams dropped by respectively 42%, 67% and 3% to 1,500 tonnes, 600 tonnes and 3,200 tonnes. Ukrainian Association of Metal Traders is one of the organizer of the Metal-Forum of Ukraine.
01.06.2007 Source: Interfax

Ukrainian inflation 0.6% in May
Ukrainian inflation was 0.6% in May 2007. Inflation was 1.9% in January to May 2007, compared to 2.8% in the same period last year. As reported, in 2006, Ukraine's annual inflation was 11.6%. The government forecasts that inflation will fall to 7.5% in 2007.
Source: State Statistics Committee of Ukraine

May 2007

EBRD to allocate EUR 250 million for energy saving projects in Ukraine in 2007
The European Bank for Reconstruction and Development is to allocate at least EUR 250 million to credit energy saving projects in Ukraine in 2007, including via a credit line for Ukrainian banks worth EUR 100 million, EBRD director for Ukraine Kamen Zahariev said during a press conference on Tuesday. The EBRD is to credit directly energy saving projects of Ukraine's large enterprises, medium enterprises will receive the according credit and consultative support under energy efficiency program in Ukraine (UKEEP), for which the EBRD opened a credit line for Ukrainian banks worth EUR 100 million.
29.05.2007 Source: Interfax

Germany continues be largest investor in Ukrainian economy
Germany continues be largest direct investor in the Ukrainian economy, Foreign Minister Yarseniy Yatseniuk said at a meeting with Michael Glos, German Federal Minister of Economics and Technology last week. "We're interested in moving further, preparing and realizing new investment projects with German capitals and modern technologies," the press service of the Foreign Ministry said, citing Yatseniuk.
29.05.2007 Source: Interfax

Ukraine remains eighth biggest steelmaker in the world in April 2007
Ukraine remained the eighth largest of the world's 67 main steel producing countries in April, having increased steel production by 6.8% year-over-year to 3.586 million tonnes.
Along with Ukraine, the top ten steelmakers in April 2007 were China (40.318 million tonnes of steel, a 16.5% rise), Japan (9.740 million tonnes, a 4.1% rise), the United States (7.950 million tonnes, a 6.6% decline), Russia (6.128 million tonnes, a 2.8% rise), South Korea (4.299 million tonnes, a 10.9% rise), Germany (4.083 million tonnes, an 0.5% rise), India (3.685 million tonnes, a 5.7% rise), Italy (2.910 million tonnes, a 10.4% rise), and Brazil (2.708 million tonnes, a 12.1% rise). In April, Ukrainian producers decreased steel output by 138,000 tonnes compared to March 2007. A drop in steel production compared to the previous month was registered almost in all of the top ten countries, apart from in China.
21.05.2007 Source: International Iron and Steel Institute (IISI)

Ukraine boosted iron ore imports 51.1% in 4 mths
According to Ukrrudprom, Ukraine boosted iron ore imports 51.1% year-on-year in the four months to 933,200 tonnes. Concentrate imports fell 0.3% to 420,000 tonnes but sintering ore imports soared 111% to 414,100 tonnes. Ukraine also imported 99,100 tonnes of pellets.
Ukraine reduced iron ore exports tentatively 2.5% year-on-year in January-April to 6.095 million tonnes. Iron ore concentrate exports edged up 0.7% to 1.125 million tonnes and pellet exports grew 2.4% to 2.860 million tonnes, however sintering ore exports fell 9.8% to 2.11 million tonnes. Ukraine exported 1.265 million tonnes of iron ore in April, including 261,000 tonnes of concentrate, 333,000 tonnes of sintering ore and 671,000 tonnes of pellets.
21.05.2007 Source: Ukrrudprom, Association of Ukrainian mining enterprises

Ukraine could up rolled steel output 6% in 2007
Ukraine's steel industry could increase roll production 6% this year compared with 2006 to 36.33 million tonnes, Serhiy Hryschenko, Vice-President of Ukrmet, the Ukrainian Steel Industry Association, told Interfax. Hryschenko said crude steel production was forecast to grow 6% to 43.25 million tonnes and pig iron - 9% to 35.79 million tonnes. Steel pipe production is expected to rise 7% to 2.81 million tonnes, coke - 5% to 20.02 million tonnes and hardware - 7% to 463,000 tonnes. Iron ore production could rise 5% to 76.38 million tonnes, iron ore concentrate - 5% to 59.74 million tonnes, iron ore pellets - 8% to 22.64 million tonnes and sinter - 6% to 50.123 million tonnes.
Hryschenko said steel production would rise to meet growing demand, primarily from the construction industry. Ukraine exports around 80% of its steel, and prices on external markets are encouraging sales abroad. Good market trends are bolstering the financial performance of Ukraine's steel mills. The profit margin in the industry rose to 15.2% in the first quarter of 2007, from 7.2% a year previously.
15.05.2007 Source: Interfax

Ukrainian lobby opposes raising indicative prices for ferroalloy exports
The Ukrainian Association of Ferroalloy Producers (UkrFA) thinks it would be unwise to raise indicative prices for exports of ferroalloys as this could lead to the loss of foreign markets. The association said in a press release that it has sent a letter with its views to the Industrial Policy Ministry. "Such actions will reduce the share of Ukrainian plants on the European market and lead to the loss of traditional, stable markets due to the inability to compete in price," the association said.
15.05.2007 Source: Ukrainian Association of Ferroalloy Producers

Ukraine plans to expand presence in foreign non-ferrous metals markets
The Industry Ministry of Ukraine plans to strengthen its efforts to satisfy domestic demand for non-ferrous metals and to expand its presence on foreign markets, according to a strategy for the development of non-ferrous metallurgy of Ukraine introduced by Deputy Industry Minister Pavlo Shynkarenko last week at the Ministry. The Ministry's press service said that the state program on the development and reform of the mining and metallurgic complex until 2011 foresees the expansion of facilities at the Mykolaiv Aluminous Plant to 1.6 million tonnes of aluminous per year, and the organization of aluminum foil production at the Zaporizhia Aluminum Mill with a capacity of 25,600 tonnes per year. Moreover, the possibility of building a new aluminum mill with a capacity of at least 100,000 tonnes per year is being examined.
14.05.2007 Source: Interfax

Ukraine boosts steel output 10% in 4 months of 2007
Ukraine's steel industry increased finished roll output 10% year-on-year in January-April to 11.94 million tonnes. Ukraine produced 14.22 million tonnes of crude steel, up 11%, and 11.77 million tonnes of pig iron, up 14% year-on-year, the ministry said.
Steel pipe production rose 22% to 925,000 tonnes.
Iron ore concentrate production grew 11% to 19.64 million tonnes, pellet production - 24% to 7.44 million tonnes and sinter - 6% to 16.48 million tonnes.
Ukrainian coke production rose 9% to 6.58 million tonnes and metalware output rose 12% to 152,000 tonnes.
Scrap metal deliveries to Ukrainian steel mills rose 24% year-on-year to 2.27 million tonnes.
08.05.2007 Source: Ministry of Industrial Policy of Ukraine

Ukraine increases pipe output by 21.8% over 4 months
Ukrainian pipe companies in January through April tentatively increased output of pipe made from ferrous metals by 21.8% year-on-year, to 925,100 tonnes, and in April the companies produced 241,400 tonnes of pipes. Andriy Fedoseev, President of the Ukrainian Association of Metal Traders, told the agency that recently the companies increase retail prices of pipes due to the growth in the price of tube strip and pipe shell. He said that he is alarmed with a continuing rise in the prices of metal products as a whole, and the price of pipes in particular. He said that the Ukrainian market is not ready for another increase in the prices. Ukrainian Association of Metal Traders is one of the organizer of the Metal-Forum of Ukraine.
08.05.2007 Source: Interfax

Growth in prices of metal in Ukraine due to building boom and fall in supplies to domestic market
From January through April 2007 the growth in the price of rolled steel by UAH 500 to UAH 700 per tonne and a bigger rise in the prices of profiled steel seen on the Ukrainian steel market was due to a rise construction work and a fall in supplies of steel to the domestic market by steel producers, Serhiy Bilichenko, Director of Kyiv-based MD Group Ltd., said in an interview with the Business newspaper. MD Group (Metal Distribution Group) is a modern metal-servicing center and traditional participant of Metal-Forum of Ukraine.
08.05.2007 Source: Interfax

Industrial output 12.3% in April, 12.5% up over 4 months
Industrial production in Ukraine grew by 12.3% in April 2007 from April 2006. Such a pace of growth made it possible to maintain industrial production growth in the first four months at 12.5%. The highest growth was registered in wood processing (36.6%), the production of construction materials and glass (25.1%), engineering (17.8%), metallurgy (15.2%), and the food industry (12.4%). Pulp and paper output grew 11.3% in April and chemical and petrochemical output grew 7%. Ukraine increased industrial production 6.2% in 2006 compared to 3.1% in 2005.
08.05.2007 Source: State Statistics Committee of Ukraine

Ukraine uses 60.3% of EU rolled steel quota in first 4 months
Ukrainian steel mills in January through April obtained licenses to ship 605,528 tonnes of rolled steel, or 60.3% of the country's 2007 quota of nearly 1.005 million tonnes of rolled steel for the European Union. Steel mills received licenses to export 81,885 tonnes of SA1 category flat roll in coils to the EU, or 53.3% of the quota for this commodity; 234,209 tonnes of SA2 uncoiled flat roll, or 65.7% of the quota; and 56,913 tonnes of SA3 flat roll, or 57.2% of the quota. They were licensed to export 16,381 tonnes of SB1 semi-manufactures and shapes and sections, or 53.3% of the quota; 83,550 tonnes of SB2 commodities, or 65.2% of the quota; and 132,589 tonnes of SB3 semi-finished and wire rods, or 56.2% of the quota.
04.05.2007 Source: Ministry of Economy of Ukraine

Ukraine uses 13% of annual quota for steel plate supplies to US in first 4 months
Ukrainian metallurgical companies received licenses for the supply of 18,343 tonnes of cut-to-length carbon steel plate to the United States in January through April 2007, which was 13% of this year's annual quota of 142,111 tonnes. Under the agreement between Ukraine and the United States, the quota for 2007 was raised from 138,106 to 142,111 tonnes.
04.05.2007 Source: Ministry of Economy of Ukraine

Ukraine reduces coal production 3% in first 4 months of 2007
Ukraine reduced coal production 2.8% year-on-year in January-April 2007 to 26.059 million tonnes. Coking coal production fell 6.1% to 9.853 million tonnes and steam coal fell 0.6% to 16.207 million tonnes. Ukraine raised coal production 2.8% in 2006 to 80.257 million tonnes.
04.05.2007 Source: Coal Ministry of Ukraine

Zero inflation in Ukraine in April
Inflation slowed to 0% in Ukraine in April compared to 0.2% in March, 0.6% in February, and 0.5% in January. As for the January-April period, inflation was 1.3%, compared with 2.3% over the same period of 2006.
04.05.2007 Source: State Statistics Committee of Ukraine

April 2007

Ukraine ranks 8th in March rating of world's biggest steel producers
Ukraine boosted steel production by 11.5% in March 2007 year-over-year, to 3.724 million tonnes of steel, and ranked 8th in the International Iron and Steel Institute's rating of the world's 66 biggest steel producing countries.
Along with Ukraine, the top ten steel producers in March 2007 were China (40.157 million tonnes, a 20.4% rise), Japan (10.258 million tonnes, a 6% rise), the USA (7.8 million tonnes, a 12% decline), Russia (6.249 million tonnes, a 6.4% rise), South Korea (4.348 million tonnes, a 9.4% rise), India (4.211 million tonnes, a 10.2% rise), Germany (4.174 million tonnes, a 1.4% rise), Italy (3.008 million tonnes, a 3.7% rise), and Brazil (2.785 million tonnes, a 12.4% rise).
21.04.2007 Source: International Iron and Steel Institute

Ukrainian GDP grew 8% in Q1
Ukrainian GDP grew 8% in the first quarter of 2007 compared to January-March 2006. GDP growth in the first quarter mainly resulted from a 14.4% increase in gross VAT in the manufacturing industry, a 14.2% rise in gross VAT in construction and a 14.1% increase in VAT in retail. Real GDP growth in Ukraine totaled 8.6% in January-February 2007. Real GDP growth was 7% in 2006 and only 2.7% in 2005.
16.04.2007 Source: State Statistics Committee of Ukraine

Ukraine sees 12.5% industrial output growth in Q1
Ukraine's industrial output grew by 12.5% in the first quarter of 2007, compared to the 13.4% registered in the first two months of 2007. In March 2007 alone, industrial production increased by 10.7% from March 2006, whereas in February 2007 it was 11% and in January 15.8% year-over-year. Production in timber processing increased 37% in March, in building materials and glass goods - 27.2%, machine building - 17.4%, metallurgy - 13.2% and food - 12.7%.
10.04.2007 Source: State Statistics Committee of Ukraine

Ukraine boosts steel roll output 12% in Q1
Ukraine's steel industry increased finished roll output 12% year-on-year in January-March to 9.02 million tonnes.
Ukraine produced 10.63 million tonnes of crude steel, up 13%, and 8.77 million tonnes of pig iron, up 15% year-on-year.
Steel pipe production rose 22% to 680,000 tonnes.
Iron ore concentrate production grew 12% to 14.68 million tonnes, pellet production - 25% to 5.45 million tonnes and sinter - 6% to 12.26 million tonnes.
Ukrainian coke production rose 7% to 4.89 million tonnes and metalware output rose 13% to 110,000 tonnes.
Scrap metal deliveries to Ukrainian steel mills rose 30% year-on-year to 1.54 million tonnes.
06.04.2007 Source: Ministry of Industrial Policy of Ukraine

Ukrainian coke production grows 7% in Q1
Ukraine increased production of metallurgical coke by 7.1% year-on-year to 4.894 million tonnes in the first quarter of 2007, including 1.733 million tonnes in March. Demand for coke has grown as production of metal products is increasing, the head of industry association Ukrkoks, Anatoliy Starovoit told Interfax. "Demand for coke has now increased somewhat as prices for metal are rising and construction of metal products has grown. In general the markets for metal products and coke are forecast to be fairly high this year," he said.
06.04.2007 Source: Interfax

Ukrainian coal companies to attract investment to extract and utilize coal gas
Coal state companies of Ukraine will attract investment to extract and utilize coal gas. The Ministry, jointly with coalmining companies, has drawn up a number of investment projects that foresee upgrading gas decontamination systems at coalmines, drilling of over 20 gas decontamination wells and the building of co-generation facilities with the total capacity of 140 MW to utilize coal gas at 12 coalmines. The coalmines would conduct tenders to attract investors and financial institutions to realize these projects. In 2008-2011, another 16 co-generation complexes with the total capacity of 410 MW could be built at coalmines to utilize coal gas.
06.04.2007 Source: press service of the Coal Ministry of Ukraine

Coal output in Ukraine down 3.5% in Q1
Ukraine cut coal production by 3.5%, or 709,500 tonnes year-on-year in January-March, to 19.51 million tonnes. According to the Coal Ministry, coking coal extraction dropped by 5.6% or by 433,700 tonnes over the three months, to 7.263 million tonnes, while power coal extraction fell by 2.2% or by 275,800 tonnes, to 12.247 million tonnes.
06.04.2007 Source: Interfax

Metal Traders and Construction Association sign agreement on cooperation
The Ukrainian Association of Metal Traders and the Ukrainian Construction Association have signed an agreement on cooperation. The associations had agreed to create an expert council drawn from representatives of the associations, which will analyze draft laws and draft cabinet resolutions and draw up legal initiatives. The associations will permanently exchange information on the situation in the construction sphere, metal trading and in the adjoining sectors to stir up activities, the companies' development and the development of the domestic market. The organizations also plans to prepare joint conferences, seminars, roundtables and press conferences. Ukrainian Association of Metal Trader is one of the organizers of Metal-Forum of Ukraine.
04.04.2007 Source: press service of the Ukrainian Construction Association

Ukraine uses 48% of EU rolled steel quota in Q1
Ukrainian steel mills in January-March obtained licenses to ship 481,292 tonnes or 47.9% of the country's 2007 quota of nearly 1.005 million tonnes of rolled steel for the European Union in 2007. Steel mills received licenses to export 59,005 tonnes of SA1 category flat roll in coils, or 38.4% of the quota for this commodity; 203,348 tonnes of SA2 uncoiled flat roll, or 57% of the quota; and 43,079 tonnes of SA3 flat roll, or 43.3% of the quota.They were licensed to export 12,426 tonnes of SB1 semi-manufactures and shapes and sections, or 40.4% of the quota; and 104,874 tonnes of SB3 semi-finished and wire rods, or 44.5% of the quota. Licenses to supply SB2 commodities were not issued.
04.04.2007 Source: Ministry of Economy of Ukraine

Ukraine uses 11.5% of annual quota for steel plate supplies to US in Q1
Ukrainian metallurgical companies received licenses for the supply of 16,382 tonnes of cut-to-length carbon steel plate to the US in January- March 2007, which was 11.53% of this year's annual quota of 142,111 tonnes. Under the agreement between Ukraine and the United States, the quota for 2007 was raised from 138,106 to 142,111 tonnes.
02.04.2007 Source: Ministry of Economy of Ukraine

Ukrainian inflation at 0.2% inflation in March
Inflation in Ukraine slowed to 0.2% in March, from 0.6% in February. Inflation totaled 11.6% in 2006. The government is forecasting that price growth will slow to 7.5% in 2007.
02.04.2007 Source: State Statistics Committee of Ukraine

News Archive 2007:

January - March